SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dino's Bar & Grill

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Goose94 who wrote (1449)8/12/2013 10:20:54 AM
From: Goose94Read Replies (3) of 202412
 
BYV-V moving, resume drilling at Burns block

Aug 9, 2013 - News Release

Bayfield Ventures Corp. will resume drilling at the company's 100-per-cent-owned Burns block gold-silver project located adjacent to the east of New Gold's multimillion-ounce Rainy River gold-silver deposit and to the west of the expanding Intrepid gold-silver zone in Northwestern Ontario. Bayfield recently completed a program of advanced geological, geotechnical and geochemical studies at the company's Burns block and B block properties. The main goal of the program was to increase confidence in the geometry, grade distribution and additional exploration potential of the upplunge and downplunge portion of the Intrepid shoot of gold-silver mineralization located in the eastern portion of the Burns block property. While the Intrepid shoot was the main focus of the work program, the investigations also covered the high-grade gold-silver-mineralized zones located in the western portion of the Burns block, as well gold and silver mineralization discovered on Bayfield's 100-per-cent-owned B block property to the northeast.

The results of the program are being used in gold-silver zone extension drilling in several areas of the Burns block project, including Intrepid zone extension exploration.

Highlights from this work program included:

  1. Gyro downhole surveying of selected holes in both the eastern and western Burns block was done, and results showed that the routinely collected reflex downhole survey data are accurate and can be relied on for the plotting of the position of completed holes and downhole gold-silver intercepts.
  2. Detailed plotting of geologic and assay results from the Intrepid zone on plan and section has resulted in identification of numerous targets for expanding the high-grade gold-silver zone both by increasing the height of the shoot within host foliated dacite and by extending the shoot farther downplunge to the southwest.
  3. Rock quality data (RQD) were collected from the majority of completed holes in the Intrepid zone. The data clearly show that quality and strength of the rock within and adjacent to the high-grade zones are excellent and that no rock quality issues would be encountered in any potential future underground development or mining.
  4. Additional drill targets to the west of the Intrepid zone have been identified during detailed examination of project data on plan section. These targets include opportunities to re-enter and deepen existing holes to explore in areas of known precious metal intercepts.


A drill rig and crew by Rodren Drilling Ltd. are currently being mobilized to the Burns block with drilling expected to resume around the middle of August.

Robert Marvin, PGeo, CPG, vice-president of exploration for Bayfield Ventures, qualified person as defined by National Instrument 43-101, supervised both the project fieldwork and the preparation of the technical information in this release.

We seek Safe Harbor.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext